Sec Form 4 Filing - Heshmatpour Amir F @ EMMAUS LIFE SCIENCES, INC. - 2012-01-09

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Heshmatpour Amir F 2. Issuer Name and Ticker or Trading Symbol EMMAUS LIFE SCIENCES, INC. [ [NONE]] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) C/O AFH HOLDING & ADVISORY LLC, 9595 WILSHIRE BLVD, STE 700 3. Date of Earliest Transaction (MM/DD/YY) 01/09/2012 (Street) BEVERLY HILLS, CA90212 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock, $.001 par value 01/09/2012 01/09/2012 S 16,800 D $ 3.57 131,999 ( 1 ) I By Griffin Ventures Ltd. Common Stock, $.001 par value 2,521,049 ( 2 ) I By AFH Holding & Advisory, LLC

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Heshmatpour Amir F C/O AFH HOLDING & ADVISORY LLC 9595 WILSHIRE BLVD, STE 700 BEVERLY HILLS, CA90212 X X Griffin Ventures Ltd. 9595 WILSHIRE BLVD. BEVERLY HILLS, CA90212 X X Signatures /s/ Amir F. Heshmatpour 01/11/2012 Signature of Reporting Person Date /s/ Amir F. Heshmatpour, President of Griffin Ventures Ltd. 01/11/2012 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Represents shares owned by Griffin Ventures Ltd., which is owned by Amir Heshmatpour. ( 2 )Represents shares owned beneficially by Amir Heshmatpour and are held in the name of AFH Holding & Advisory, LLC, which is owned by Amir Heshmatpour.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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